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The heartbeat of your dealership is its inventory. Having an effective way to manage, advertise, and recondition your vehicles in one platform is key to your dealerships growth!
Carketa is the only inventory management tool focusing on the ability to manage every stage from acquisition to sold.
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To maximize your dealership’s profits from used-vehicle sales, start by asking yourself some questions:
- How many new-vehicle buyers actually traded in their used vehicles?
- How many possible trade-ins were appraised in your new-vehicle department last week?
- Does your comp-plan for the salesperson encourage or discourage the acceptance of trade-ins?
- What have you done in the past year to develop new sources for inventory?
- Do you know what impact different sources of used cars have on costs, reconditioning, gross profits, and overall ROI?
- Are your sales people directing customers to sell their used vehicles somewhere else because “they can get more for the car somewhere else”?